Commercial Building for Auction Tilak Nagar Jayanagar Bengaluru 24.4 Crore by Pegasus Asset Reconstruction Pvt Ltd
Tilak Nagar, Jayanagar, Bengaluru
Area: 15620.0 Sq Ft
Property bearing no. 7614, Old No 76 in Survey No 57, 30th Cross, 4th T Block, Tilak Nagar, Jayanagar, Division No. 58 (as per Deed Division No. 35) Bangalore-560011
Pegasus Asset Reconstruction Pvt. Ltd · Mumbai
Reserve price
₹24,36,00,000
EMD ₹2,43,60,000
Auction date
28 Jul 2026, 11:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 15620.0 Sq Ft
- ▸Locality: Tilak Nagar, Jayanagar
- ▸Reserve: ₹24,36,00,000
- ▸EMD: ₹2,43,60,000
Auction snapshot
| Possession | Physical |
| Property type | Commercial Building · Commercial |
| Locality | Tilak Nagar, Jayanagar |
| Built-up / plot area | 15620.0 Sq Ft |
| Lender | Pegasus Asset Reconstruction Pvt. Ltd |
| Branch | Mumbai |
| Unit / flat no. | 7614 / Old No 76 |
| Building / society | CEMA Towers and CEMA HEAVENA Apartment |
| Auction type | SARFAESI Auction |
| Service provider | drt.auctiontiger.net |
About this property
Commercial Building bank auction in Tilak Nagar, Jayanagar, Bengaluru by Pegasus Asset Reconstruction Pvt. Ltd — reserve price ₹24,36,00,000, 15620.0 Sq Ft, Physical possession.
Discover a high-value bank auction property in the prime locality of Jayanagar, Tilak Nagar, Bengaluru. This significant commercial building and apartment complex, known as 'CEMA Towers and CEMA HEAVENA Apartment' (Blocks A, B & C), offers a substantial land area of 15,620 Sq Ft. Ideal for investors seeking a versatile property, this asset is available through e-auction by Pegasus Asset Reconstruction Pvt. Ltd. with a reserve price of ₹24.36 Crores. The auction date is 28th July 2026, with property inspection on 17th July 2026. This unique offering presents a compelling opportunity for commercial expansion and residential development in a sought-after Bangalore location. Interested bidders should note the physical possession status and pending BBMP charges, which will be borne by the buyer. Don't miss this bank auction property for sale in Bengaluru.
GeoSquare note: This property is a prime investment due to its strategic location in Jayanagar, Bengaluru, its significant size, and its mixed-use commercial and residential nature. The physical possession status is a strong positive, though potential buyers should factor in the pending BBMP charges. With a substantial reserve price, this bank auction property targets serious investors looking for a high-value asset in a desirable urban area.
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